1251 1St St, Monterey, CA 93940

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Property Description

Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 1251 1St St
City Monterey
State CA
Zip 93940
County Monterey
Listing Agent Loren Eva Ybarra DRE #2138632
Courtesy Of Exp Realty of California Inc.
List Price $2,300,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,100
Year Built 1950

Listing information courtesy of: Loren Eva Ybarra, Exp Realty of California Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 19th, 2024 at 12:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.